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  IN JANUARY, MEPT ACQUIRED RENO INDUSTRIAL CENTER LAND FOR $10.3 MILLION
in Reno, Nevada. The 104 acres of developable land is located in the Tahoe Reno Industrial Center (TRIC), where MEPT acquired USA Parkway Distribution Center I and II in December 2007. MEPT purchased the land to serve as expansion space for tenants at USA Parkway Distribution Center


MEPT ACQUIRED 20 NORTH CLARK STREET FOR $58.9 MILLION IN FEBRUARY.
The 383,030 square foot office building is located in Chicago’s Central Loop submarket with easy access to multiple public transportation alternatives, including the elevated train, suburban and commuter rail lines, and numerous bus lines.


Trammell Crow acquires 104 acres in Tahoe-Reno Industrial Center
Trammell Crow Company has acquired 104 acres of land within the Tahoe-Reno Industrial Center in McCarran, Nev., on behalf of Multi-Employer Property Trust (MEPT), a commingled real estate equity fund.

Strong capital helps venture win 20 N. Clark
A joint venture between local developer Hamilton Partners and a giant pension fund paid nearly $59 million for 20 N. Clark St., a nondescript office tower in the Central Loop, in a deal that reflects the strength of well-financed buyers amid the long, drawn-out credit crisis.

Booz Allen Hamilton Inc. Signs Five-Year Lease
Booz Allen Hamilton Inc., a McLean, VA-based consulting company, has signed a five-year lease for 11,584 sf at Columbia Center I. The deal bumps occupancy to 94%.

 

Philosophy

Since its inception in 1982, MEPT's philosophy has been to create a diversified portfolio of institutional-quality, income-producing real estate to provide competitive long-term risk-adjusted investment returns, an investment vehicle with flexibility and liquidity so that investors can easily increase or decrease participation in the Fund, and the collateral benefit of job creation.

The result of this commitment is a diversified portfolio of primarily new construction, 100% union-built, high-quality real estate properties in major metropolitan markets around the country that produce strong and stable current income and superior returns for investors. The development of this portfolio has created over 52.7 million job hours and more than $9.9 billion of economic activity in investor communities. Moreover, investors have enjoyed the opportunity to redeem their investment without ever experiencing a withdrawal queue.

 

$7.16
BILLION
in net assets

188
TOTAL
number of assets

330
TOTAL
participating
pension plans



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